The Graveyard › Banks › 1992
Banco Nacional, National Association
San Juan, PR · failed January 24, 1992 · FDIC certificate 26468
Banco Nacional, National Association of San Juan, PR failed on January 24, 1992. It opened on December 11, 1985, 6 years before. At its last report before that it held $52.1 million in assets and $48.9 million in deposits. At its largest in the FDIC's quarterly reports, on March 31, 1989, it held $106.8 million. The FDIC estimates that the Bank Insurance Fund lost $8.0 million on it.
1985-121991-09
Assets at the end$52.1 millionlast report before January 24, 1992
Deposits at the end$48.9 million
Estimated loss to the fund$8.0 millionBIF
Largest in the quarterly reports$106.8 millionMarch 31, 1989
Equity to assets5.3%September 30, 1991
Loans not being repaid8.6%noncurrent, September 30, 1991
Return on assets2.36%a year's rate, September 30, 1991
Staff55full time, September 30, 1991
Also ended in 1992
- Homefed Bank, FA · San Diego, CA · $12.2 billion in assets
- Crossland Savings Bank, FSB · Brooklyn, NY · $7.4 billion in assets
- Carteret FSB · Madison, NJ · $4.8 billion in assets
- Meritor Savings Bank · Philadelphia, PA · $4.1 billion in assets
- Dollar Dry Dock Bank · White Plains, NY · $4.0 billion in assets
- The Howard Savings Bank · Newark, NJ · $3.5 billion in assets
History, not advice.
Source: Federal Deposit Insurance Corporation, BankFind Suite API. Source values and institutional identifiers are retained; formatting and normalization by Underfolio. No FDIC endorsement is implied. How these numbers are made · Report a data issue.